Financial Performance - Operating revenue for the first nine months was CNY 329,565,682.99, a slight increase of 1.19% year-on-year[6] - Net profit attributable to shareholders for the first nine months was CNY 27,248,166.37, up 4.32% from the same period last year[6] - Total revenue for Q3 2016 was CNY 109,511,709.33, a decrease of 3.5% compared to CNY 113,665,770.15 in Q3 2015[30] - Net profit for the first nine months of 2016 reached CNY 32,546,186.19, compared to CNY 31,275,374.84 for the same period in 2015, reflecting a growth of 4.1%[30] - The net profit attributable to shareholders for Q3 2016 was CNY 6,602,323.84, down 23.5% from CNY 8,623,277.24 in the same period last year[31] - The total comprehensive income for Q3 2016 was CNY 6,602,323.84, down 23.5% from CNY 8,623,277.24 in the same quarter last year[32] Assets and Liabilities - Total assets increased by 45.56% to CNY 488,083,392.46 compared to the end of the previous year[6] - The company's total assets amounted to approximately CNY 488.08 million, an increase from CNY 335.31 million at the beginning of the year, reflecting a growth of about 45.5%[22] - The total current assets reached CNY 323.25 million, up from CNY 185.20 million, reflecting an increase of approximately 74.5%[24] - Total liabilities decreased to CNY 121,637,893.67 from CNY 125,270,356.67, a reduction of 2.5%[25] - The company's current liabilities included short-term borrowings of CNY 45.00 million, down from CNY 53.00 million, a decrease of about 15.1%[24] Shareholder Information - Net assets attributable to shareholders increased by 74.46% to CNY 366,445,498.79 compared to the end of the previous year[6] - The total number of shareholders reached 17,989 by the end of the reporting period[11] - The largest shareholder, Xie Yaming, holds 54.285% of the shares, totaling 54,285,000 shares[11] Cash Flow - Net cash flow from operating activities decreased by 44.98% to CNY 23,091,003.43 compared to the same period last year[6] - Operating cash inflow for the period (January to September) was CNY 372,491,086.10, a decrease of 4.3% compared to CNY 389,758,807.10 in the same period last year[37] - Cash inflow from financing activities was CNY 147,000,000.00, compared to CNY 13,000,000.00 in the same period last year[38] - The ending cash and cash equivalents balance was CNY 127,421,846.27, up from CNY 35,364,840.03 last year[38] Investment Activities - The company invested ¥12,000,000.00 in financial products using temporarily idle funds raised from the public offering[14] - Cash inflow from investment activities totaled CNY 458,547.86, significantly up from CNY 110,326.76 last year[38] - Net cash flow from investment activities was CNY -48,345,228.08, worsening from CNY -9,625,670.26 year-on-year[38] Operational Efficiency - Basic and diluted earnings per share remained stable at CNY 0.35[7] - The weighted average return on net assets decreased by 2.68 percentage points to 11.45%[7] - The company's financial expenses for the first nine months of 2016 were CNY 938,155.13, down 48.2% from CNY 1,811,395.71 in the same period last year[33] - The company's operating profit for Q3 2016 was CNY 8,313,886.71, a decrease of 19.7% compared to CNY 10,362,273.62 in Q3 2015[31] Inventory and Receivables - Inventory levels rose to CNY 73.42 million, up from CNY 62.19 million, indicating an increase of about 18.0%[24] - Accounts receivable rose by 360.57% to ¥18,940,000.00, attributed to an increase in outstanding receivables at the end of the period[12] - Accounts receivable increased to CNY 86.33 million from CNY 81.65 million, showing a growth of approximately 5.5%[22] Government Subsidies - The company received government subsidies, leading to a 548.15% increase in non-operating income to ¥1,070,465.36[13] - Cash received from government subsidies related to operating activities increased by 1184.00% to ¥1,821,082.48[13]